What is the difference in military expenditure between Ghana and Nicaragua?

18.80 million current LCU, with Ghana ahead.

How many years of comparable data are there for Ghana and Nicaragua?

49 years are reported by both, from 1968 to 2024.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Ghana vs Nicaragua: Military expenditure

Ghana

3.89 billion current LCU

in 2024

Nicaragua

3.87 billion current LCU

in 2024

Ghana rank

121st

Nicaragua rank

122nd

Military expenditure over time

Ghana
Nicaragua

How they compare

Ghana currently reports 3.89 billion current LCU against 3.87 billion current LCU in Nicaragua, a difference of 18.80 million current LCU.

The two have swapped places 2 times across 49 shared years of data; in 1968 it was Ghana ahead.

Ghana ranks 121st and Nicaragua ranks 122nd of 167 countries.

Across the 7 decades both report, Ghana averaged higher in 3 and Nicaragua in 4.

Head to head by decade

Decade	Ghana	Nicaragua	Difference	Ahead
1960s	4,758 current LCU	0.0143 current LCU	4,757 current LCU	Ghana
1970s	9,460 current LCU	0.0454 current LCU	9,459 current LCU	Ghana
1980s	43,450 current LCU	0.1755 current LCU	43,450 current LCU	Ghana
1990s	6.21 million current LCU	256.30 million current LCU	250.09 million current LCU	Nicaragua
2000s	70.94 million current LCU	594.70 million current LCU	523.76 million current LCU	Nicaragua
2010s	681.73 million current LCU	2.05 billion current LCU	1.37 billion current LCU	Nicaragua
2020s	2.48 billion current LCU	3.19 billion current LCU	702.39 million current LCU	Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Ghana or Nicaragua?: Ghana, at 3.89 billion current LCU against 3.87 billion current LCU in Nicaragua as of 2024.
What is the difference in military expenditure between Ghana and Nicaragua?: 18.80 million current LCU, with Ghana ahead.
How many years of comparable data are there for Ghana and Nicaragua?: 49 years are reported by both, from 1968 to 2024.
How do Ghana and Nicaragua rank globally for military expenditure?: Ghana ranks 121st and Nicaragua ranks 122nd of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Nicaragua: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 27 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/ghana/nicaragua/

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About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 20 August 2026

Military expenditure in local currency at current prices (by calendar year)